Investor Presentation May 2021

Q1 2021 Financial Results Consolidated Sales ($Billions) +18% ($Millions) Adjusted EBIT & Margin Adjusted EPS ($) A MAGNA Free Cash Flow² ($Millions) $10.2 $8.7 +91% $770 7.6% $403 $0.86 4.7% +116% +13% $1.86 $414 $366 Q1'20 Q1'21 Weighted GOM +3% Q1/21 Production Global China N.A. Q1'20 Q1'21 Q1'20 Q1'21 Q1'20 Q1'21 Margin Impact By Segment +18% +87% EBIT Margin Q1 2020 4.7% Body Exteriors & Structures 1.1% +5% Power & Vision 1.3% Seating Systems 0.1% +6% Complete Vehicles Corporate & Other 0.4% EBIT Margin Q1 2021 7.6% Europe Magna Weighted Key Factors • Global light vehicle production (+) . Higher assembly volumes (+) Foreign currency translation: $465M (+) • Launch of new programs (+) • Business combinations: $238M (+) End of production of certain programs (-) . Net customer price concessions (-) • Equity Income (+17M) Higher sales in our equity-accounted operations (+) Business combinations (+) 1 Weighted Growth over Market (GOM) compares organic sales growth (%) to vehicle production change (%) after applying Magna geographic sales weighting, excluding Complete Vehicles, to regional production 2 Free Cash Flow is Cash from Operating Activities plus proceeds from normal course dispositions of fixed and other assets plus settlement of long-term receivable from a non-consolidated joint venture minus capital spending minus investment in other assets Investor Presentation - May 2021 30

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